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Economics
B2B Stories

Businesses and Others Invest in Students

Aiken Technical College held its annual scholarship breakfast, bringing together donors who contribute to the program and the students who benefit. The scholarships are one of the assistance programs coordinated by the Aiken Technical College Foundation. Director Kym Johnson said the funding provided by the donors lessens the financial burden for students who receive scholarships. That support can mean the difference in a student’s ability to complete their education. “The most important message that you’ll hear, is that, yes, we are so appreciative of our students and their hard work.

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Dana Lynn McIntyre March 5, 2025 No Comments
B2B Stories

March Blows in with Close to $2 Million Impact

Basketball, rowing, trade shows, and conferences are expected to pack a big economic punch in the CSRA this month. In the lineup, this year is a new event. The Augusta Sports Council confirmed that Riverview will play host to the first EYBL Scholastic Conference Championship and Nike Invitational Post-Season Tournament. “These are new tournaments that will be hosted at Riverview Park in North Augusta and kicked off yesterday. Both events run from March 5-8, with the Postseason Tournament starting today,” said Hayley Fox, Communications Manager with the Augusta Sports Council.

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Mitzi Oxford March 5, 2025 No Comments
B2B Stories

Simon Says: Poor economic news to close out 2024 in Augusta

All the variables in the Augusta Leading Economic Index (LEI) were adversely affected according to December data. This is the first time all five components have been negatively affected since April 2022. Residential building permits fell 23 percent from November and initial claims for unemployment insurance increased by 40 percent. Job openings fell 2.3 percent, and the Dow Jones Industrial Average finished December 0.04 percent lower than the end of November. Inflation in the south increased by 0.1 percentage points to 2.8 percent. Overall, the Augusta LEI fell 1.2 percent

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Dr. Simon Medcalfe March 3, 2025 No Comments
B2B Stories

“Shark Tank Feel” part of March competition

The Sixth Annual Innovate Pitch Competition is set for March 27 at the Georgia Cyber Innovation and Training Center (GCITC). The competition is in partnership with Augusta University. Teams are given five minutes to pitch their solution for a real-world problem to a panel of judges. “For the first year, I’m really excited to announce that this Pitch Competition has grown and now we have a track that is open to the public,” Lynsey Steinberg, Director of Innovation at the GCITC, told ABD. “Students and entrepreneurs look to solve problems

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Dana Lynn McIntyre March 3, 2025 No Comments
B2B Stories

Goodwill Takes Global Center Stage for Workforce Development Conference

Goodwill of Middle Georgia and the CSRA will host the 2025 Annual Meeting of Conference of Executives (AMCOE), bringing together Goodwill leaders from around the globe to exchange best practices in workforce development, innovation, and sustainability. The conference will take place March 2 to 5, 2025, at the Augusta Marriott at the Convention Center. Recognized by Forbes as one of the most inspiring companies, Goodwill continues to create opportunities for people facing employment and career advancement barriers. AMCOE is the premier gathering for Goodwill leaders to share strategies that improve job

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Mitzi Oxford February 27, 2025 No Comments
B2B Stories

Education’s importance to Georgia’s economic future

Education was at the heart of a recent summit in Atlanta and Augusta had a prominent role. The theme of the 2025 Future of Talent Summit was “Reimagining Education and Talent Development.” It was sponsored by the Georgia Chamber of Commerce. The summit was broken into four education segments, ranging from kindergarten through college level education: Reimagining Early Learning & Childcare, Reimagining K-12 Education, Innovations in Technical Education, and Innovations in Georgia’s Colleges and Universities. Leading the discussion regarding colleges and universities were Sonny Perdue, Chancellor of the University System

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Dana Lynn McIntyre February 25, 2025 No Comments
B2B Stories

Simon Says: Who’s Hiring in the CSRA?

For the last two weeks, I reported the 2024 growth in total employment numbers for the Augusta Metropolitan Statistical Area (MSA). This week, I will examine which sectors contributed the most to the overall growth in 2024. Education and health services saw the largest change in employment and the largest percentage change. Employment increased by over 2,300 in this sector, or 6.0%. (SEE CHARTS BELOW) The growth in this sector represents somewhat of a double-edged sword for the economy. Some of the growth no doubt comes from changing demographics, such

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Dr. Simon Medcalfe February 24, 2025 No Comments
B2B Stories

CSRA Company Awarded Electrical Contract for Shaws Creek Water Treatment Plant

Newsome Electrical Construction, LLC has been awarded the electrical construction contract for the Shaws Creek Water Treatment facility in Aiken. Working alongside Harper General Contractors, Newsome will construct the electrical infrastructure for the water treatment plant, administration and chemical buildings, and new utility building. In addition to installing and distributing power systems, the project includes site lighting, fire alarms, and a lightning protection system. “Newsome Electrical Construction was selected for the project based on their strong reputation, expertise, and proven record for producing high-quality work,” said Jared McMullan, Senior Project

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Staff Report February 19, 2025 No Comments
B2B Stories

Simon Says: Feedback from ABD Reader on Jobs

Loyal Augusta Business Daily reader, Zach Kelehear asked me an interesting question last week about the monthly change in employment over the last year. Here is the data again: Kelehear asked, “The three months that showed drops in employment are interesting to consider…. The “Why” is at the heart of my curiosity, and are these months typically, historically, low employment months.” So, I dug back into the data that goes back to 1990, and here are the results: All months, except April, have shown increases in employment over the last

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Dr. Simon Medcalfe February 17, 2025 No Comments
B2B Stories

Is AI coming for your job?

In the past couple of years, there has been hardly a week that has gone by that ABD hasn’t reported about AI or cyber technology growth in the CSRA. In four days at the end of January, 1000 employers representing 14 million workers met with economic leaders at the World Economic Forum in Switzerland. Much of the discussion revolved around the WEF’s Future of Jobs report. The 94-page report highlighted the role of AI in reshaping industries and tasks across all sectors. Postal service clerks, executive secretaries, and payroll clerks

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Mitzi Oxford February 17, 2025 No Comments
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